What is the Minimum Deposit Which is Required to Open Mini Account?
Minimum Capital Required to Begin Intra-Day Trading with a Mini Account
Minimum deposit required to open a trading Mini account is $100.
With $100 dollars minimum gold trading deposit for a Mini Account, traders can open a trading Mini account & trade Mini lots.
The Mini Account uses Mini Lots when opening new trades.
1 Mini Lot is equal to one tenth of the standard lot
The Pip value amount calculation for 1 Pip in a Mini xauusd account is equivalent to $1. Therefore traders that are using this Mini trading account using Mini contracts will make a profit of $1 per 1 pip movement if the trade position moves in their trade direction or make loss of $1 per pip move if the trade position decides to move against their trade direction.
This Mini xauusd account is best for new traders because one can trade using smaller lots - Mini lots and learn how to trade without investing a lot of capital in their Mini xauusd account.
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